Entries by Michael Rivas

Generation X? I feel your pain!

Generation X has some problems—and not just their own. Perhaps the biggest one of all is that this group has everyone else’s problems too! On one hand, they’re dealing with aging parents. On the other hand, they have young kids, college-aged kids, or adult kids who are moving back home or need financial support because they can’t […]

Michael Rivas quoted in Investment News

The following content originally appeared in an article by Liz Skinner on Investment News on Nov 8, 2015. Forget boomers and millennials, Gen Xers need advisers’ help the most Even though they are in their peak earning years, they have the poorest financial habits Armando Castellano: Gen Xer turned to financial adviser for help with budgeting. Despite […]

A New Age of Opportunity

    Change may be a given, but even when we know it’s for the better, shifting our own thinking can be quite a challenge. Charlie Chaplin’s film Modern Times is a classic—not only because it’s Chaplin at his most brilliant, but because it does such an amazing job at contrasting the positive and negative […]

Is “breaking news” killing your financial plan?

    The financial journalists have been in their glory these last few weeks. Greece was a great headline grabber, as was the exciting reaction to the craziness by the US and global markets. It was better than football, basketball, and baseball seasons all wrapped into one. Why? Because it got people tuned in and […]

7 Steps to Start Building Wealth Now

I have the same conversation with my Gen X clients all the time. We start digging into the details of their finances, and we see the debt piling up. And while certain debt is reasonable—particularly for appreciating assets like a home or business—racking up debt for depreciating assets does something most people don’t even realize: […]

The mighty dollar: The good, the bad, and the ugly

How did we get here? In 2008, at the height of the recession, the dollar was sitting at an historic low. And while we’re still fighting our way uphill in many areas of the economy, the dollar is surging higher by the minute. In 2014, the US Dollar Index (DXY) jumped 12.8%. And it doesn’t […]

Stop the online marketing madness!

Even if online shopping isn’t really your thing, it’s the time of year when many people turn to the internet for some serious help from the new “North Pole.” The web is a great way to stay out of the mall, out of long lines, and happily shopping away in your slippers. Better yet, the […]

Why ‘Tapering’?

Lately, the press has been beating their drums about the winding down of QE3 (Quantitative Easing 3) and the fancy name for the process is called ‘tapering’. The pundits insist inflation is soon to follow. After all of this money printing, certainly inflation is on the horizon, right? How does QE3 affect the economy? The […]